Latest Uranium Sector News

Toro Energy has secured a crucial Foreign Investment Review Board approval for its acquisition by IsoEnergy, moving the deal closer to completion. Shareholder and court approvals remain as the next steps.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

Global Uranium and Enrichment Limited has dispatched its Scheme Booklet to shareholders, marking a key step in Snow Lake Resources’ proposed acquisition. Shareholder and optionholder meetings are set for late January 2026 to vote on the transaction.

DevEx Resources has successfully raised nearly $7 million through an oversubscribed Share Purchase Plan, significantly exceeding its initial $3 million target to fund expanded uranium exploration in Australia’s Northern Territory.

Elevate Uranium Ltd has expanded its global uranium resource to 169 million pounds of U3O8 through the acquisition of the Napperby Uranium Project and complementary assets from Core Lithium Ltd. This move consolidates its Central Australian portfolio and leverages its proprietary U-pgrade™ beneficiation technology.

Paladin Energy has restructured its syndicated debt facility, reducing total debt capacity from US$150 million to US$110 million, enhancing liquidity and balance sheet flexibility following a strong equity raise in 2025.

Energy Resources of Australia has been granted a new rehabilitation authority to extend its environmental restoration work at the Ranger Project Area beyond January 2026.

Greenvale Energy has raised approximately AUD 856,000 through an oversubscribed Share Purchase Plan, strengthening its uranium exploration efforts in Queensland and the Northern Territory.

Atomic Eagle Limited has announced a substantial new Exploration Target at its Muntanga Uranium Project in Zambia, highlighting significant potential resource growth. The company plans a fully funded $20 million drilling campaign in 2026 to expand its uranium resource base.

NexGen Energy has reported its highest-grade uranium assay to date from the Patterson Corridor East at its Rook I Project, revealing exceptional mineralization that could redefine the project's potential.

Deep Yellow Limited has appointed Greg Field as its new Managing Director and CEO, aiming to leverage his extensive project execution experience to advance key uranium projects in Namibia and Australia.

Cauldron Energy has reported further high-grade uranium mineralisation at its Manyingee North prospect, extending the known resource and highlighting the Yanrey Project's growing significance in Australia's uranium landscape.